Hempstead electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Hempstead, use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Time to read: about 7 min
Sections in this guide:
Click on a section below to skip directly to it:
- Hempstead Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Hempstead (average kWh price chart)
- How to find the best energy plan in Hempstead (know your usage!)
- Moving to Hempstead: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Hempstead (how to choose the best plan)
- Hempstead Energy Companies
- No-Deposit Electricity Plans in Hempstead
- Hempstead Business Electricity Plans
- Hempstead Utilities (and how to report a power outage)
Hempstead Electricity Rates Table
You have the power to choose your household’s electric provider in Hempstead, Texas.
ComparePower is a free consumer service started in 2009 to help residents of Hempstead shopping for their lowest rate energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from several different energy providers are presented in a simple format that makes comparing your options simple and fast.
This assists Texas consumers avoid hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours and hours making phone calls or clicking around on dozens of different online sites.
79 Hempstead Electric Rates
These live rates for CenterPoint Energy service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Hempstead
Energy in Hempstead, Texas, has been deregulated. As a resident, you have a choice when it comes to choosing a retail electricity provider (your energy company), which gives you control and power over your energy bills.
Deregulation of energy in Texas de-monopolized the energy market for the majority of the state, the city of Hempstead included, which introduced massive competition.
As a result, many excellent energy providers compete for your business in Hempstead by offering low-prices, making it a great time to shop, switch, and save costs on your energy bill.
As many as 60-100 retail electricity providers compete for your business in Hempstead and there are hundreds of plans to select from.
Average Electricity Rates in Hempstead, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Hempstead residents on ComparePower with rates as low as $0.07
How to find the best energy plan in Hempstead
#1 rule: Usage is king!
Knowing how much electricity you will consume month-to-month is the best way to find a deal on electricity in Hempstead. Why is this important?
The rate you see energy companies advertising is for an exact monthly usage (usually 2000 kWh).
Every plan uses a different equation for how your monthly bill is determined, and your monthly bill will change according to how much power you use in each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you saw when you ordered.
Thankfully, there’s a better way to choose your electricity company.
Calculating your expected monthly bill based on anticipate monthly usage, then comparing rates by total monthly bill, is the best way to shop for the lowest rate for your household.
Better yet, if you have 12 months of usage history for your home, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months and is the absolute best way to find the right energy plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours on a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and navigate you step-by-step to the electricity plan that’s best for your home’s consumption.
We clarify the fine print, disclosing the various charges and fees, so you’ll know exactly where your money is going and what to expect on your bill.
We then help you in ordering your plan with your selected energy provider without leaving our service.
The take away here is you must know your expected or historical usage before selecting the right electricity plan for your home.
If you don’t know your usage, estimate
If you are unable to acquire 12-months of historical usage, or you’re the owner of a brand new home, the next best thing is to estimate how much energy you will use in an average month.
Although knowing the previous 12-months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to find the best electricity plan for your specific usage.
Moving to Hempstead: Setting up Electricity
If this is your first time setting up electricity service in Hempstead, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
By signing up for a plan through ComparePower you will receive automated reminders when it’s time to renew your existing plan or to possibly switch plans.
Switching electricity companies in Hempstead
Switching is good. Market conditions are always changing, so it is important to shop for a lower rate each year when your contract is about to expire.
Your existing electricity provider will normally raise your energy rate once your term expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly higher than the plan you signed up.
Before renewing your contract make sure to check the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to contact your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you decide to switch, your new electricity company will take care of everything for you including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Hempstead is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity to your home do not change when you switch energy providers. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration date without an “early termination” penalty. That’s Texas Law.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you are unsure email us your latest energy bill and one of our team members will get back to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the truly lowest price.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Hempstead Energy Companies
Looking for a great electric company in Hempstead?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
Click on the provider of your choice to view prices, learn more, or sign up.
| Energy Companies in Hempstead | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Champion Energy | 877-653-5090 |
| Direct Energy | 855-307-6915 |
| First Choice Power | 888-458-6877 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| TXU Energy | 866-603-1533 |
| Payless Power | 855-854-8482 |
| Pulse Power | 855-652-1045 |
No-Deposit Electricity Plans in Hempstead
Need to find an energy plan in Hempstead that doesn’t require a deposit?
If assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling electricity providers to find out if a deposit is going to be required.
Working for you, we will instantly review any deposit requirements for other plans, allowing you to get power and return to your regular activities stress-free.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Hempstead Business Power Plans
If you run a business in Hempstead, you’re not alone.
Hempstead is home to a significant number of small and large companies and is a thriving place to run a business.
To manage your electricity bill, you need to shop rates from competing providers.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on ComparePower and the companies will present their bids. You to pick the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Hempstead Utilities
Electricity
To learn more about Smart Meters, or to download your Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Hempstead, visit the Centerpoint website or call them at 1-800-752-8036.
Gas
For gas service in Hempstead, call or visit Hempstead official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Hempstead, water, garbage, sewer, and recycling services are usually handled by the City of Hempstead.
Other Utility service areas in Texas
Not in the Centerpoint Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
View electricity prices for Zip Codes in Hempstead, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
77445
View electricity prices for cities near Hempstead, Texas
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
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